Applied Industrial Technologies
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Applied Industrial Technologies's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $4,479,406,000. The net income raised on $385,762,000 and profit margin reached 9%. Total operating expenses were $840,830,000.

Profit Margin

Applied Industrial Technologies, Inc. (NYSE:AIT): Profit margin
2015 2.75B 115.48M 4.2%
2016 2.51B 29.57M 1.17%
2017 2.59B 133.91M 5.16%
2018 3.07B 141.62M 4.61%
2019 3.47B 143.99M 4.15%
2020 3.24B 24.04M 0.74%
2021 3.23B 144.75M 4.47%
2022 3.81B 257.41M 6.76%
2023 4.41B 346.73M 7.86%
2024 4.47B 385.76M 8.61%

AIT Income Statement (2015 – 2024)

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
4.47B4.41B3.81B3.23B3.24B3.47B3.07B2.59B2.51B2.75B
Cost of revenue
3.14B3.12B2.70B2.30B2.30B2.46B2.18B1.85B1.81B1.98B
Gross profit
1.33B1.28B1.10B935.52M937.73M1.00B883.99M737.69M707.42M769.81M
Operating exp.
Research and development
0000000000
Selling and marketing
24.62M813.81M17.89M680.54M-233K24.09M19.32M20.06M21.48M24.43M
Total operating expenses
840.83M813.81M749.05M680.54M717.74M742.24M658.16M563.10M553.82M585.19M
Operating income
495.82M473.15M357.85M205.45M222.77M233.78M225.82M174.59M88.80M184.61M
Other income (expenses), net
2.30M-23.34M-28.06M-28.39M-33.75M-39.30M2.37M-8.42M-65.85M-8.74M
Income before tax
498.13M449.81M329.79M177.06M55.23M194.48M204.71M166.96M78.97M175.87M
Income tax expense
112.36M103.07M72.37M32.30M31.19M50.48M63.09M33.05M49.40M60.38M
Net income
385.76M346.73M257.41M144.75M24.04M143.99M141.62M133.91M29.57M115.48M
Earnings per share
Basic EPS
9.988.986.693.730.623.723.653.430.752.82
Diluted EPS
9.838.846.583.680.623.683.613.40.752.8
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